SteelMint

Tag: Coal Offer for Import Substitution

  • CIL: Coal Sales in E-Auctions Down by 47% M-o-M in May’20

    CIL: Coal Sales in E-Auctions Down by 47% M-o-M in May’20

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    by

    Abdul Sayeed
    in

    Coal volume sold under e-auctions has further receded during the month, where partial resumption of industrial activities failed to revive considerable demand from the customers. CIL had managed to sale 4.83 MnT coal in various auction schemes for May’20, which dropped 47% compared with 9.11 MnT in Apr’20. After witnessing weak sales in the previous…